Currently, shore-based HF radars are widely used for coastal observations, and airborne radars are utilized for monitoring the ocean with a relatively large coverage offshore. In order to take the advantage of airborne radars, the theoretical mechanism of airborne HF/VHF radar for ocean surface observation has been studied in this paper. First, we describe the ocean surface wave height with the linear and nonlinear parts in a reasonable mathematical form and adopt the small perturbation method (SPM) to compute the HF/VHF radio scattered field induced by the sea surface. Second, the normalized radar cross section (NRCS) of the ocean surface is derived by tackling the field scattered from the random sea as a stochastic process. Third, the NRCS is simulated using the SPM under different sea states, at various radar operating frequencies and incident angles, and then the influences of these factors on radar sea echoes are investigated. At last, a comparison of NRCS using the SPM and the generalized function method (GFM) is done and analyzed. The mathematical model links the sea echoes and the ocean wave height spectrum, and it also offers a theoretical basis for designing a potential airborne HF/VHF radar for ocean surface remote sensing.